{"id":"katana","title":"Katana","content":"Katana is a [DeFi](https://iq.wiki/wiki/defi)-focused [blockchain](https://iq.wiki/wiki/blockchain) ecosystem built around concentrated liquidity, lending, and derivatives protocols that route activity through a small set of core applications. Its design links token-based incentives, governance, and liquidity mechanisms to coordinate how capital flows across the network. [\\[8\\]](#cite-id-kTiqGu6Meuw6D5pk) \n\n## Overview\n\nKatana is a [blockchain](https://iq.wiki/wiki/blockchain) designed specifically for [decentralized finance (DeFi)](https://iq.wiki/wiki/defi), with a focus on concentrating liquidity and improving capital efficiency. Instead of distributing liquidity across many applications, it channels activity into a small set of core protocols—primarily a lending platform and a [decentralized exchange](https://iq.wiki/wiki/decentralized-exchange)—to deepen liquidity and enhance yields. The system uses coordinated incentives, including protocol revenue and fees, to support these core applications and sustain returns. Additional infrastructure, such as a bridging mechanism and sequencer-generated revenue, contributes to the overall yield model. Katana also emphasizes interoperability and user access, enabling seamless onboarding through cross-chain infrastructure. It uses [zero-knowledge proofs](https://iq.wiki/wiki/zero-knowledge-proofs-zkps) to validate transactions, allowing users to exit the network more quickly than in systems with longer withdrawal delays. [\\[1\\]](#cite-id-ygFKSoDqOZhHqInm) \n\n## Features\n\n### Katana Perps\n\nKatana Perps is a decentralized perpetual futures trading platform built on the Katana [blockchain](https://iq.wiki/wiki/blockchain). It enables users to trade derivatives such as [BTC](https://iq.wiki/wiki/bitcoin-btc), [ETH](https://iq.wiki/wiki/ethereum), and [SOL](https://iq.wiki/wiki/solana-sol), as well as other markets, without custody risk, meaning they retain control of their funds via [smart contracts](https://iq.wiki/wiki/smart-contract). The system combines an off-chain order book and matching engine with on-chain settlement, aiming to achieve high trading speeds similar to those of centralized exchanges while maintaining [blockchain](https://iq.wiki/wiki/blockchain)-based security and custody guarantees. All funds remain in [smart contracts](https://iq.wiki/wiki/smart-contract), and every trade requires cryptographic wallet signatures for authorization.\n\nWithin the broader Katana ecosystem, Perps is integrated alongside spot trading and lending protocols. Trading activity contributes to network revenue, which is redistributed to support liquidity across core markets. Governance mechanisms also allow token holders to influence incentives and liquidity allocation. The platform uses cross-margin [collateral](https://iq.wiki/wiki/collateral) systems to improve capital efficiency and supports multiple advanced order types, including limit, market, and conditional orders. It also includes features for mobile access and secure session-based connections, while enabling users to withdraw funds at any time through built-in exit mechanisms. [\\[9\\]](#cite-id-f2uneE9OFl3XHi4w) \n\n## KAT\n\n**KAT** is the native token of the Katana ecosystem, designed to coordinate incentives between users, [DeFi](https://iq.wiki/wiki/defi) applications, and the underlying [blockchain](https://iq.wiki/wiki/blockchain) infrastructure. Initially, KAT is non-transferable for a defined period after launch. Once transferability begins, holders can lock KAT to participate in the ecosystem’s incentive system and receive a governance-aligned version called vKAT in return.\n\nThe primary role of KAT is to act as an incentive and coordination asset. It is used to direct rewards and emissions toward [liquidity pools](https://iq.wiki/wiki/liquidity-pool) and core [DeFi](https://iq.wiki/wiki/defi) applications, helping determine where economic activity is encouraged across the ecosystem. This system is based on a modified ve(3,3) model, where locking tokens gives users influence over reward distribution and aligns participants around long-term cooperation rather than short-term trading. Over time, KAT is intended to support broader network decentralization, where holders who lock and [stake](https://iq.wiki/wiki/staking) tokens help guide emissions and liquidity incentives, and potentially capture value generated by network activity, such as fees and liquidity yield. [\\[3\\]](#cite-id-lconq51noYiBCM7z) \n\n### Tokenomics\n\nKAT has a total supply of 10B tokens and has the following distribution: [\\[3\\]](#cite-id-lconq51noYiBCM7z) \n\n* **Ecosystem/Community Treasury**: 48.35%\n* **User Liquidity Mining**: 20%\n* **Core Contributors**: 15.65%\n* **Community Airdrops**: 15%\n* **Public Sale**: 1%\n\n### vKAT\n\nvKAT (vote-escrowed KAT) is a non-transferable token received when users lock KAT. It represents staked KAT positions and gives holders voting power over how KAT emissions are distributed across Katana’s [DeFi](https://iq.wiki/wiki/defi) ecosystem. vKAT is used to participate in governance cycles (epochs), where holders allocate emissions to liquidity pools and applications. In return, they earn a share of fees generated by the pools they support, along with possible additional incentives from protocols competing for emissions. vKAT positions include features like cooldown periods, exit fees, and the ability to delegate voting to automated “relayers” that manage strategy-based voting on behalf of users. [\\[4\\]](#cite-id-XU0dNCBI60pU6lkG) \n\n### avKAT\n\navKAT (autocompounding vote KAT) is a liquid, transferable token that represents a wrapped and automated version of vKAT. Instead of manual voting, avKAT uses an automated strategy to allocate votes to higher-yield opportunities and compound rewards continuously. Earnings from vKAT voting are used to buy and lock more KAT into vKAT, increasing the underlying value over time. This results in a growing exchange rate between avKAT and KAT, reflecting accumulated yield. [\\[4\\]](#cite-id-XU0dNCBI60pU6lkG) \n\n## Governance\n\nKatana’s governance is a dual-layer system designed to balance fast protocol development with security and decentralization. It separates decision-making into two main bodies: an administrative [multisig](https://iq.wiki/wiki/multi-signature-wallet) and a security oversight council, both composed of independent ecosystem stakeholders rather than a single controlling entity.\n\nThe **Katana Admin** is a 3-of-5 [multisig](https://iq.wiki/wiki/multi-signature-wallet) responsible for proposing and initiating protocol changes. It handles technical upgrades, parameter adjustments, bridge updates, token issuance, and ecosystem incentives. Once a proposal is made, it enters a fixed timelock period before execution, allowing time for review and response.\n\nThe **DeFi Security Council** is a larger 10-of-13 [multisig](https://iq.wiki/wiki/multi-signature-wallet) that provides oversight and emergency authority. It can veto proposals from the Admin and intervene in urgent situations, such as vulnerabilities or exploits. This body acts as a safeguard to protect user funds and system integrity.\n\nTogether, these two layers create a system in which one group focuses on speed and execution, while the other ensures security and accountability. Governance decisions are therefore distributed across multiple independent participants, including major infrastructure providers and [DeFi](https://iq.wiki/wiki/defi) partners within the ecosystem. [\\[5\\]](#cite-id-0FVGJDQvVaG16OXg) \n\n## Partnerships\n\n* [Morpho](https://iq.wiki/wiki/morpho)\n* [SushiSwap](https://iq.wiki/wiki/sushiswap)\n* [Yearn](https://iq.wiki/wiki/yearn)\n* Kensei\n* Spectra\n* Charm Finance\n* Steer Protocol\n* Foresight\n* Hikari\n* [Tea-Fi](https://iq.wiki/wiki/tea-fi)\n* [Wolfswap](https://iq.wiki/wiki/tea-fi)\n* KatanAI\n* [Lombard](https://iq.wiki/wiki/lombard-bard)\n* Universal\n* Lucidly Finance\n* Gamma Strategies\n* Vfat\n* [Agora](https://iq.wiki/wiki/agora)\n* [Jumper Exchange](https://iq.wiki/wiki/jumper)\n* ApeBond\n* Kodachi\n* 1delta\n* YieldFi\n* Artificial Financial Intelligence\n* ChimpX AI\n* Concrete\n* Eisen Finance","summary":"Katana is a DeFi-first blockchain that channels activity into core apps—Morpho lending, Sushi spot, and Katana Perps—to deepen liquidity and yields. Incentives use KAT, vKAT, and avKAT. ZK proofs speed exits and cross-chain bridges onboard liquidity.","images":[{"id":"QmQdP7WPCuNvUvMdgmJV39mDbdD8guf8KbpYrjh4hFr4UW","type":"image/jpeg, image/png"}],"categories":[{"id":"organizations","title":"organizations"}],"tags":[{"id":"Ethereum"},{"id":"Polygon"},{"id":"Protocols"},{"id":"DEXes"},{"id":"Organizations"}],"media":[{"id":"QmcaXoKCpnXcd1uC9ZefaCN7Gx3Hq9M9Ag1nFQTwY8s4jy","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmfCn2eTU7NoazidVieuCrbQBuMiKe62pM2Kh9PVQUsSqX","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmQdmHSbBXNK5eZtvyK6gJfkUjCqWSt5ehNyyy67ETNHos","type":"GALLERY","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[{\"id\":\"ygFKSoDqOZhHqInm\",\"url\":\"https://docs.katana.network/\",\"description\":\"Katana docs overview\",\"timestamp\":1777297488439},{\"id\":\"c84MqROXM1SBvku1\",\"url\":\"https://polygon.technology/blog/katana-foundation-announces-katana-network-incubated-by-polygon-labs-and-gsr\",\"description\":\"Polygon blog announcement\",\"timestamp\":1777297488439},{\"id\":\"lconq51noYiBCM7z\",\"url\":\"https://katana.network/blog/the-network-is-katana-the-token-is-kat\",\"description\":\"KAT token overview\",\"timestamp\":1777297488439},{\"id\":\"XU0dNCBI60pU6lkG\",\"url\":\"https://katana.network/blog/katana-x-aragon-inside-the-vkat-armory\",\"description\":\"vKAT/avKAT mechanics\",\"timestamp\":1777297488439},{\"id\":\"0FVGJDQvVaG16OXg\",\"url\":\"https://docs.katana.network/katana/core-concepts/governance/#katana-admin-fast-focused-and-frameworked\",\"description\":\"Governance docs\",\"timestamp\":1777297488439},{\"id\":\"rltXrAFBfuGEP91b\",\"url\":\"https://www.coingecko.com/en/coins/katana\",\"description\":\"CoinGecko KAT page\",\"timestamp\":1777297488439},{\"id\":\"UzyF9d5lXMaY0ukI\",\"url\":\"https://www.bitget.com/news/detail/12560605159686\",\"description\":\"Bitget metrics summary\",\"timestamp\":1777297488439},{\"id\":\"kTiqGu6Meuw6D5pk\",\"description\":\"Katana\",\"timestamp\":1777314206643,\"url\":\"https://katana.network/\"},{\"id\":\"f2uneE9OFl3XHi4w\",\"description\":\"Katana Perps | Katana Docs\",\"timestamp\":1777314244288,\"url\":\"https://docs.katana.network/katana/core-concepts/katana-perps/#how-katana-perps-fits-into-the-katana-ecosystem\"}]"},{"id":"website","value":"https://katana.network/"},{"id":"twitter_profile","value":"https://x.com/katana"},{"id":"discord_profile","value":"https://discord.gg/katananetwork"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/katana-network-token"},{"id":"github_profile","value":"https://github.com/katanaperps"},{"id":"telegram_profile","value":"https://telegram.me/katanafinance"},{"id":"medium_profile","value":"https://medium.com/katanafinance"},{"id":"etherscan","value":"https://etherscan.io/token/0xe6410569602124506658ff992f258616ea2d4a3d"},{"id":"nansen","value":"https://app.nansen.ai/token-god-mode?chain=ethereum&tab=transactions&tokenAddress=0xe6410569602124506658ff992f258616ea2d4a3d"},{"id":"contract_url","value":"https://ethplorer.io/address/0xe6410569602124506658ff992f258616ea2d4a3d"},{"id":"commit-message","value":"\"Added Katana DeFi overview and organizations category\""}],"events":[{"id":"9675e0be-aec8-4ed8-8c3d-fadbd9ff18c2","date":"2025-05","title":"Incubation by Polygon Labs and GSR announced","type":"DEFAULT","description":"Polygon blog announces Katana Network incubation; private mainnet reported live.","link":"https://polygon.technology/blog/katana-foundation-announces-katana-network-incubated-by-polygon-labs-and-gsr","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"d6ec2536-ee69-4a74-be3c-fff50bed2611","date":"2026-03","title":"Initial vKAT tranche claim opens","type":"DEFAULT","description":"First vKAT allocation for POL stakers becomes claimable as KAT transferability approaches.","link":"https://katana.network/blog/the-network-is-katana-the-token-is-kat","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"date":"2026-04-27","title":"Katana Founded","type":"CREATED","description":"Katana was founded and officially launched.","id":"86796982-9f29-4805-b6a8-9d25d561ca6b"}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"operator":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum","polygon"],"founders":[],"speakers":[]}}